NEW YORK (AP) — The latest on developments in financial markets (all times local):
9:35 a.m.
Stocks are off to a mixed start on Wall Street as gains in banks and energy companies are offset by losses in other sectors.
Phone companies were also higher in early trading Monday. AT&T rose 1.9 percent.
Company earnings were again a focus for investors.
Heavy machinery maker Caterpillar rose 1 percent after reporting a strong quarter. Asset manager Affiliated Managers Group jumped 4.2 percent after its own results surpassed analysts’ estimates.
The S&P 500 index fell 2 points, or 0.1 percent, to 2,816.
The Dow Jones Industrial Average gained 17 points, or 0.1 percent, to 25,465. The Nasdaq composite slipped 38 points, or 0.5 percent, to 7,699.
Bond prices fell. The yield on the 10-year Treasury note rose to 2.99 percent.
